Tag: Economics
over 1 year ago
cityam.com

London markets bounce back after bruising European sell off

London markets bounced back after yesterday’s bruising session as investors pared back their concerns over some of th...

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over 1 year ago
cityam.com

Consumer confidence plunges to Covid lockdown lows as households' financial worries spiral

Consumer confidence in the economy has plunged to its lowest point since the start of the pandemic as Sainsbury’s top...

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over 1 year ago
cityam.com

Euro tumbles to 20-year low against the dollar on rising recession risk

The euro has tumbled to its lowest level against the dollar in two decades caused by investors ditching European asse...

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over 1 year ago
cityam.com

Bank of England orders lenders to strengthen reserves amid ‘deteriorating’ economy

The Bank of England today ordered lenders to build up more reserves so they can withstand further economic shocks. Th...

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over 1 year ago
cityam.com

Cautious consumers send chill through UK services economy

Consumers are rolling back spending at pubs, bars and restaurants in response to rampant inflation whacking their bud...

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over 1 year ago
cityam.com

London markets dragged down by retailer sell off

London markets were dragged lower by retailers tumbling on fears consumers will slash spending in response to the cos...

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over 1 year ago
cityam.com

Germany registers first trade deficit since 1991 on surging energy prices

Surging European energy prices caused by Russia’s invasion of Ukraine has left Germany with its first trade deficit i...

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over 1 year ago
cityam.com

London markets kick off new week in mixed style as BP and Shell jump

London markets kicked off a new trading week in mixed fashion, with the FTSE 100 led higher by oil and gas giants. Th...

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over 1 year ago
cityam.com

Workers lose over £9k of yearly income rises during ‘lost decade’

Brits have lost over £9,000 of annual income rises during and just before the “lost decade” after the global financia...

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over 1 year ago
cityam.com

Week ahead: Traders eye rate setter speeches for signs of quicker tightening

Investors this week will be looking for signs of the Bank of England launching a 50 basis point rate rise at its next...

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over 1 year ago
yorkshirepost.co.uk

How Brabners aims to become major force in Yorkshire's legal sector as it opens Leeds office

The law firm Brabners aims to become a major player in the region’s legal sector. Its chief executive, Robert White, ...

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over 1 year ago
cityam.com

Johnson says sky-high inflation is 'big chance' to fix cost pressures and 'do things differently'...

The Prime Minister said today there is a “big chance” to fix unnecessary cost pressures for people and businesses acr...

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over 1 year ago
cityam.com

Nearly 2m more Brits caught by higher tax rates since 2019 Tory election win

Boris Johnson has heaped higher tax rates on nearly 2m more Brits since he won the 2019 general election, reveal offi...

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over 1 year ago
cityam.com

UK more likely than US and Europe to tip into recession, Goldman Sachs warns

The UK is more likely to tip into recession than the US and Europe due to the country suffering from a more “acute” c...

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over 1 year ago
cityam.com

Mounting downturn jitters send London’s FTSE 100 lower

Mounting concerns about a global economic downturn sent London’s top indexes tumbling during early exchanges. The cap...

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over 1 year ago
cityam.com

Brits' disposable incomes fell once more at the start of the year

Brits’ disposable income tumbled further in the first quarter of the year, according to official statistics. Accordin...

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over 1 year ago
cityam.com

Bailey: Steeper rate hike at Bank of England’s next meeting is ‘on the table’

A larger rate hike is “on the table” at the Bank of England’s next meeting on 4 August, its chief said today. Speakin...

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over 1 year ago
cityam.com

London markets follow Wall Street lower as rate hike jitters ramp up

London markets followed their Wall Street counterparts lower today as investors fretted over the pace of rate hikes b...

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almost 2 years ago
cityam.com

Global consumer confidence plunges to new lows on inflation spike

Consumers in rich countries have never been more glum as inflation takes its toll on household balance sheets. Confid...

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almost 2 years ago
cityam.com

Rees-Mogg says cutting taxes could reduce inflation in split with PM

Jacob Rees-Mogg has said cutting taxes immediately may reduce inflation in comments that will put him in direct dispu...

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almost 2 years ago
cityam.com

Sunak: UK has ‘tools at our disposal’ to tackle 40-year high inflation

The UK has “the tools at our disposal” to tackle the worst inflation spike in four decades, the chancellor urged toda...

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almost 2 years ago
scotsman.com

What does high inflation mean? What happens when inflation rises and what it means for Scotland

UK inflation is at its highest rate for almost ten years – but what does that mean for the everyday consumer?

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almost 2 years ago
scotsman.com

What does high inflation mean? What happens when inflation rises and what it means for Scotland

UK inflation is at its highest rate for almost ten years – but what does that mean for the everyday consumer?

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almost 2 years ago
cityam.com

Lagarde: European Central Bank will go ‘as far as necessary’ to tame inflation

The European Central Bank (ECB) will go “as far as necessary” to tame the worst bout of inflation on the Continent si...

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almost 2 years ago
cityam.com

Flying Rolls Royce boosts London’s FTSE 100

A positive analyst note sent aerospace engineer Rolls Royce flying in the City today, bumping London’s FTSE 100. The ...

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almost 2 years ago
cityam.com

Soaring inflation burns hole in councils’ finances, LGA finds

Rampant inflation is burning a hole in the finances of English and Welsh councils and may force them to trim public s...

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almost 2 years ago
yorkshirepost.co.uk

Promoters who became wealthy on back of human misery must pay the price - Greg Wright

ROGUES prosper in a world without effective deterrence.

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almost 2 years ago
cityam.com

Russia defaults on foreign debt for first time since 1918 Bolshevik revolution

Russia has defaulted on its foreign debt obligations for the first time since the Bolshevik revolution in 1918. Sanct...

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almost 2 years ago
cityam.com

Lethal mix of inflation and interest rates cause value of IPOs to nosedive by staggering 90 per cent

Businesses have endured challenging times recently, largely caused by external world events. Because of this, investo...

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almost 2 years ago
cityam.com

London’s FTSE 100 kicks off week strongly amid rebounding risk appetite

Investors kicked off the week with strong risk appetite, boosting London’s top indexes. The capital’s premier FTSE 10...

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almost 2 years ago
cityam.com

Interest rate hikes could trigger chain of bankruptcies in shadow banks

Interest rate hikes from central banks across the globe could trigger a chain of bankruptcies in the global “shadow b...

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almost 2 years ago
cityam.com

UK to tip into ‘mild recession’ as cost of living crunch cools spending

Brits responding to the cost of living crisis by reining in spending may tip the UK into a “mild recession” next year...

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almost 2 years ago
cityam.com

Exclusive: Brits’ patience with Bank of England and Bailey wears thin amid historic inflation crunch

Brits’ patience with the Bank of England is wearing thin amid the worst inflation crunch in recent history, exclusive...

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almost 2 years ago
cityam.com

World is staring down the barrel of new high inflation era, BIS warns

The world risks being flung into a new era of persistently high inflation that will tip the global economy into a dra...

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almost 2 years ago
cityam.com

Week ahead: City eyes housing stats and BoE governor Bailey remarks

The UK’s red hot housing market is set to revert to more normal territory driven by the cost of living crunch chillin...

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almost 2 years ago
yorkshirepost.co.uk

How Terry Smithson of BioScapes aims to tackle the biodiversity crisis

Terry Smithson is on a mission to tackle the biodiversity crisis, writes Deputy Business Editor Greg Wright.

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almost 2 years ago
cityam.com

Cocktail of problems plunge UK consumer confidence to record low

A relentless cost of living crunch, the prospect of a recession and stagnant wage growth has driven British pessimism...

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almost 2 years ago
cityam.com

Britons lose £5k a year during lost decade of productivity growth

Workers have lost an average of £5,000 every year over the last decade due to the UK’s meagre productivity growth, re...

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almost 2 years ago
cityam.com

UK economy spiralling toward ‘troubling’ recession and even higher inflation

The UK economy is hurtling towards a “troubling” slump that will see it tip into recession and suffer from rampant in...

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